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If they had AGI, why would they need consumers anymore? Just use your drone army to secure all natural resources and produce whatever you need for yourself. Other humans are just pets.
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And this is why we need to escape the permanent underclass.
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How about we don't create one instead?
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It's not a choice we have, unless you want to figure out a global AI ban treaty.

AI will make human thought economically useless. In the new economy, the one economically useful thing we will be able to do is legal property ownership.

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> Capitalism has always been a tension between capitalists, who want maximum return on capital and workers, who want pesky things like a living wage, sick leave or safe work conditions.

The underlying purpose of AI is to allow wealth to access skill while removing from the skilled the ability to access wealth. (read on HN, not my words)

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I wish I was smart enough to credibly promise capitalists they could replace all their workers.

It doesn't matter that I can't do it. They'll pay me lots of money if they think I can.

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